analysis%20---%20k %20economic%20overview

8/14/2019 Analysis%20---%20K %20Economic%20Overview

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SLV Development Resources Group K-1 2002 CEDS

K. ECONOMY

1. Concepts and Terminology (Table K-1, K-2, K-3)

The previous sections on population, income, labor force, and employment serve as indicators or reflections of

economic conditions, but do not describe the underlying economic structure which is producing them. Our purpose in

this section is to concentrate on the business and industry sectors which are the driving forces behind the Valleys

economy, and the basic economic activities which are making them happen.

We would also make a distinction between economic and retail development. Economic development seeks to create

wealth by attracting basic (or primary) income and jobs. This creates outside dollars that are redistributed within the

community in the form of wages. Not only does economic development create wealth, it also expands the tax baseand economic development is long-term in focus.

By contrast, retail development pursues wealth that has already been created, and targets disposable income. Retai

development also results in generating tax revenue from other jurisdictions, and is short-term in focus. One Fron

Range city estimated a break-even salary from retail at $32,000, with anything under that not being able to

generated sufficient taxes to cover the cost of benefits received from the town or county.

A brief review of terms used are as follows:

Economic base --- The aggregate of industry segments (or portions of them) which bring in outside dollars

by exporting products or services (e.g., ag products, manufactured goods), or draw new money into the

economy (e.g., tourism, regional trade, retirement income).

Direct basic activities --- Industries which are the original source of new dollars, and the direct income and

employment reported in these industries.

Indirect basic activities --- Additional jobs and income generated by local purchases of business supplies

and services which support the direct basic activities.

Residential services --- Additional jobs and income generated when local residents spend their earnings (o

transfer payments) at the local store or medical facility (or by paying taxes to support schools, police).

All income/All employment --- The sum of direct basic, indirect basic, and residential services income or

employment.

Decisions regarding what constitutes basic depend on the geographic perspective. A supermarket in Alamosa, fo

example, may have a significant draw of basic income to Alamosa County from sales to residents of other counties in

the Valley; but the only activities which would count as basic when going beyond the region borders would be those


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having enough draw to attract regular customers from other regions or states.

Food stores, for example, fall under the models Regional Center grouping. Basic income at the six-county region

level is shown in Table K-1 at only $436,000. From the perspective of the Alamosa County geography alone as

shown in Table K-3, the food store sales to residents of the surrounding counties are bringing in $872,000 of basicincome. This is in addition to sales made to Alamosa residents which are not considered basic, but are included in

the broader industry group grand totals of all income in Table K-2.

Food store sales to tourists are direct basic activities, and are accounted for separately in the model under Tourism

and Tourist goods & services.

2. Economic Base Analysis --- Region (Table K-1, K-2, K-3)

Table K-1 shows the Valleys 2000 total basic income at $529,399,000, and employment at 11,380. According to the

model, almost two-thirds of the regional economy is getting its basic income input from unearned sources. This is in

spite of the $116,216,000 contribution provided by Agribusiness (33.0%), which ranks third to Retirees (31.7%) and

Other Sources (33.1%). Tourisms $38,921,000 (7.4%) trails in fourth place.

From an employment standpoint, Agribusiness (56.8%) and Tourism (17.9%) are the largest sources in the basic

groups.

Dividends, interest, and rents for persons under 60 (20.4%) comprise the largest part of Other Sources and are

almost equal to Agribusiness. In the Retiree group, Social Security, disability, and government retirement payments

(10.9%) are the largest share.

Regional Center and Government were heavily discounted in this model due to a large portion of their focus on local

resident sales and services.

Table K-2 compares the base industry input to all of the Valleys income and employment which depend upon it for

new income. The all income total of $900,824,000 is 1.7 times higher than basic, and employment of 24,462 is 2.15

times higher. Stated a different way, the basic activities are supporting $700 more in the economy for every $1,000

of basic input, and every job in a base industry is supporting 1.15 more in the economy as a whole.

Although industry categories are not completely matchable to basic in the all income column, some of the most

apparent differences are showing up in Construction, Utilities, Trade, Finance, Services, and Government (which

contains a large public school segment). These industries typically rely on a greater share of circulated dollars for

support, which would soon be depleted if not replenished with the new wealth generated by the basic sectors.


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3. Economic Base Analysis --- Counties (Table K-3, K-4)

Base analyses for individual counties in Table K-4 also show a strong reliance on unearned income sources, but some

are different. The summaries that follow list the base industry groups in rank order of income importance to the

county: Alamosa --- Other Sources (29.1%), Regional Center (25.9%), Retirees (20.6%), Agribusiness (10.5%)

Tourism (6.0%)

Conejos --- Retirees (39.0%), Other Sources (27.4%), Regional Center (14.3%), Tourism (6.4%),

Agribusiness (6.0%)

Costilla --- Retirees (42.3%), Other Sources (29.1%), Agribusiness (14.6%), Regional Center (5.6%)

Tourism (3.1%)

Mineral --- Tourism (36.8%), Retirees (27.8%), Other Sources (24.4%), Regional Center (9.8%)

Rio Grande ---Agribusiness (27.8%), Other Sources (26.4%), Retirees (24.8%), Regional Center (10.2%)

Tourism (4.3%)

Saguache --- Agribusiness (31.8%), Other Sources (26.4%), Retirees (24.0%), Regional Center (7.0%)

Tourism (5.2%)

The rank order by base industry employment is as follows:

Alamosa --- Regional Center (38.7%), Agribusiness (25.9%), Tourism (15.5%), Retirees (10.8%)

Government (5.9%)

Conejos --- Agribusiness (55.9%), Retirees (15.8%), Regional Center (12.3%), Tourism (6.8%),

Manufacturing (3.8%)

Costilla --- Agribusiness (56.2%), Retirees (19.9%), Tourism (8.8%), Regional Center (8.4%), Government

(3.8%)

Mineral --- Tourism (76.6%), Retirees (8.6%), Regional Center (8.4%)

Rio Grande --- Agribusiness (52.1%), Regional Center (14.4%), Retirees (13.6%), Tourism (11.6%)

Manufacturing (5.3%)

Saguache --- Agribusiness (70.4%), Retirees (9.0%), Regional Center (8.8%), Tourism (5.4%), Government

(5.0%)

As seen from the table and the above, Agribusiness predominates as the main source of employment in 4 out of 6

counties, but leads as the largest base income source in only two --- Rio Grande and Saguache. The only Tourism

dependent county is Mineral, but it plays a role in the top 5 of all.

Given the size of retail and services expansion in Alamosa, it comes as no surprise that the Regional Center group is

the main economic force in the county. More detail on Regional Center income and employment by county is


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included in Table K-3. The Services sector (10.3/15.0%) provides the largest share of base income and employment

within the Regional Center group, and its largest subcomponent is Health Services (4.5/6.3%).

Of the unearned base income, Retirees rank somewhat higher than Other Sources with the exception of Alamosa,

which relies more heavily than the other counties on Dividends, Interest & Rents by persons under 60. The impact ofretirees on the local economy consists of their expenditures on local resident services such as health care,

restaurants, and local government services. Basic employment is the employment stimulated by retiree spending,

and not the retirees themselves (although some may be volunteers).

Manufacturing in the Valley for base industry purposes includes the perlite operations, sawmills, newspapers &

printing, industrial machinery, and some smaller companies. Basic income was not strong enough to place it in the

top 5 of any county, but Manufacturing did emerge as an important basic employment source for Conejos and Rio

Grande.

The higher ranking of Agribusiness and Tourism on employment rather than income in most counties is a reflection of

their lower wage structures.

4. Major Employers (Table K-5)

As a supplement to statistical tables on the economy, we are also providing a list of major establishments by type of

industry and approximate employment in 7 bracketed size ranges. As stated in the footnotes, we initially selected 20

or more employees as the starting criteria for major, but also included selected ones close to 20 and some with

above-average employment relative to others in the community.

A total of 279 were listed in this manor, 41 of which have employment in the 50-99 range, 16 from 100-199, 7 from

200-299, and 2 over 300 (Alamosa Schools and Adams State). The top 25 employers (workforce 100+) by industry

group are as follows:

Agribusiness --- Rakhra Mushroom Farm, Farm Fresh Direct growers & shippers, Smokin Spuds

Health Services --- SLV Medical PC, Valley Wide Health Services, SLV Regional Medical Center, SLV

Comprehensive Mental Health, Conejos County Hospital

Schools & Education --- Alamosa School District, Adams State College, SLV Board of Cooperative Services,

North Conejos School District, Monte Vista Public Schools, Del Norte Consolidated School District, Center

Consolidated School District

Government --- City of Alamosa, Alamosa County, Colorado Department of Transportation, Conejos County,

Costilla County, Rio Grande County, Saguache County, Rio Grande National Forest

Other --- Wal-Mart Supercenter, Wolf Creek Ski Corp.


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5. Business and Construction Trends (Table K-6, K-7, K-8, K-9)

In lieu of a central information source on building permits, we used the data reported by Census Bureau sources in

Table K-6 which relate to construction of residential units. According to this source, the largest number of permits

issued in recent years were in Conejos, Saguache, and Rio Grande counties. Construction cost amounts were alsolargest in these counties, with Rio Grande the highest at over $14.4 million.

Comparisons of county trade pull factors in Table K-7, which rate a county on the basis of its ratio of per capita

sales tax to state per capita sales tax, were used in the Kansas study cited in the table as a rough indicator of a

countys success in attracting business. The only county in the Valley with a pull factor higher than 1.0 is Mineral

which calls this method into question.

The Census Bureaus County Business Patterns in Table K-8 were used to show changes in the number of business

establishments from 1990-1995, and from 1995-1999 as one measure of gauging net new business startups

Businesses in the Valley numbered 971 in 1990, growing to 1,127 in 1995, and up to 1,240 by 1999. Most of the ne

new businesses in the first half occurred in Alamosa (64), and in the second half in Rio Grande (50). With the

exception of Rio Grande, the pace of new startups was better in the first half.

Table K-9 provides a source of payroll information reported for establishments in the County Business Patterns

database. The total Valley payroll reported for 1999 of $189,571,000 does not include farm and non-farm

proprietors. Industries with payrolls over $10 million include: Retail trade (18.3%); Health & social services

(15.9%); Wholesale trade (8.6%); Construction (7.9%); Accommodation (5.9%); Finance/insurance (5.7%); and

Manufacturing (5.7%). A large part of the Manufacturing payrolls in 1999 came from Sawmills, which does not reflect

the loss of employment following closure of the Forest Industries sawmill in South Fork in late 2000.

6. Multipliers (Table K-10, K-11)

The multipliers in Table K-10 are used to approximate a projects total economic impact, including direct spending

and employment of the project itself, and the secondary or induced effects created by the direct activities. An

example of how they are applied is in Table K-11.

The notion that a dollar turns over 7 times and this is the multiplier is a frequent misconception which leads to

exaggerated claims of economic impact. It is not the number of times a dollar turns over that counts, it is only the

fraction of the dollar that still remains in the area after each spending turn that creates the multiplier effect.

A hypothetical example would be a gas station, which spends $.85 of every dollar it receives to purchase gasoline

from a pipeline company in Colorado Springs. If all of the remaining $.15 was spent inside the community, the


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multiplier would not be greater than 1.150. The actual input/output process used by the RIMS model to determine

multipliers is much more involved than this example, but uses a similar logic.

How large or small a multiplier is for a given industry depends on the extent to which the supplies and services for

that industry are produced within the area of measurement. Multipliers for the same industry in the Valley wouldnormally be lower than Colorado Springs or Denver, where there is a greater likelihood that supplies used by the

industry are manufactured in the same city or county. Multipliers for the same industry at the statewide level would

be even higher.

A quick glance at the multipliers in the table gives an indication of a particular industrys potential income and

employment impact on the area. In the earnings column for example, multipliers in the manufacturing group range

from 1.477 for printing and publishing, to 5.054 for meatpacking. In services, the range is 1.367 for home healthcare

services to 2.064 for racing.

Many more factors would normally be taken into account when considering a new business prospect, but reference to

the multipliers is a basic starting place. Some of most notable limitations to the RIMS model is its age (based on

1992 input/output analysis), and the fact that it covers 8 more counties in addition to the Valley.

7. Economic Outlook

July 2002 is proving to be a particularly challenging time for us in preparing this outlook, but we are cautiously

optimistic about the long term (3-5 years hence), and believe that the Valley will adjust as it always has done to face

the problems --- whether they prove to be of long or shorter-term duration.

Our review included State and National factors likely to have some level of impact on the Valley in addition to our

local analysis and observations. These are subject to a number of different interpretations concerning the outlook,

and we realize that frequent revisions will be needed to keep current with changes in conditions and updated

information.

Starting first with local observations, we noted the following as negative:

We have indications of a severe drought and historical low levels of water. The duration of the drought is

unknown, but we do know that some permanent damage has been done to our aquifers which will take years

to recover.

Some impacts have already been detected on agriculture, but will probably not be fully realized until the end

of the 2002 growing season or later. High potato and hay prices are encouraging growers, but we are

predicting a restraint on production resulting from both natural water loss and water regulation.


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Fires triggered by drought both locally and statewide are causing a drop in tourism, and may present a

deterrent to second home construction.

Consumer spending of disposable income is reduced due to increased costs for health insurance and

prescription drugs.

The following are some of the factors which would lead to positive outcomes if realized:

Upgrading of the Sand Dunes to National Park status has potential to increase tourism.

Potential exists for improvements in telecommunications infrastructure needed to link government and

business users to existing systems. This would open up more prospects for telecom-based industry in the

Valley.

Hospital expansion in the western Valley enhances credibility of Del Norte and other communities as a do-

able business location.

South Fork industrial park development has potential to attract industry providing year-round jobs.

Upgrading of business space and location by retail merchants in Alamosa may have potential to reduce sales

leakage from the Valley.

Some of the negative factors affecting the Valley outlook from State and National levels are as follows:

A reduction in the State budget is leading to major cuts in transportation and other programs, and forcing

colleges and universities to raise tuition.

Stock market losses due to corporate crime and accounting practice scandals, the devaluation of tech secto

stocks, and terrorist attacks have reduced investments across the entire Nation.

Stock market losses have reduced retiree incomes and spending.

State and National influences potentially leading to positive outcomes in the economy are as follows:

State forecasts of the economy prepared in September show gains for 2003 and 2004 of 7.8-7.9% in

personal income; 8.1-7.3% in retail sales; 3.1-3.3% in nonfarm employment; and 1.8-1.9% in population.

Continued low interest rates (Fed funds rate currently at 1.75%).

High productivity (2.5-3.0%).

Cheaper U.S. dollars providing a trade advantage and potential for increased exports.

A modest, but sustained level of consumer spending.


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Basic Income

($1,000) Percent Percent

TOTAL $529,399 100.0 11,380 100.0

Agribusiness 1) $116,216 22.0 6,468 56.8Agricultural inputs 40,225 7.6 1,722 15.1

Agricultural production 64,894 12.3 4,211 37.0

Agricultural processing 11,097 2.1 535 4.7

Mining and Extractive Industries $7,508 1.4 167 1.5

Metals mining 183 * 2 *

Oil & gas extraction 1,538 0.3 2 *

Non-metallic minerals 5,787 1.1 163 1.4

Manufacturing 2) $11,272 2.1 408 3.6

Textile products & apparel 137 * 14 0.1

Lumber & wood products, incl furniture 5,158 1.0 171 1.5

Newspapers & printing 1,317 0.2 55 0.5

Cement, clay, concrete, stone (incl perlite) 2,773 0.5 84 0.7

Industrial, commercial, elec machinery 473 * 24 0.2

Transportation equipment 513 * 18 0.2

Misc manufacturing 901 0.2 42 0.4

Regional Center3) $6,352 1.2 224 2.0

Building construction 385 * 15 0.1

Heavy construction 472 * 28 0.2

Air transportation 117 * 3 *

Motor freight & warehousing 1,681 0.3 22 0.2

Food stores 436 * 22 0.2

Gas stations & auto dealers 228 * 9 *General merchandise, furniture, apparel 738 0.1 48 0.4

Health services 1,169 0.2 42 0.4

Engineering & mgmt services 1,126 0.2 35 0.3

Tourism 4) $38,921 7.4 2,035 17.9

Second home construction & real estate 11,736 2.2 367 3.2

Resorts, restaurants, recreation & lodging 15,924 3.0 1,127 9.9

Tourist-related transportation 3,822 0.7 147 1.3

Tourist goods & services 7,439 1.4 394 3.5

Government 5) $6,152 1.2 232 2.0

US Post Office 130 * 3 *Federal government administration 1,448 0.3 30 0.3

Military 1,265 0.2 91 0.8

State health & education services 3,309 0.6 108 0.9

Other Sources of Income $175,398 33.1

Transfer payments


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Basic Income

($1,000) Percent Percent

Retirees $167,580 31.7 1,846 16.2

SS, disability & government retirement 60+ 57,735 10.9

Medicare payments 31,306 5.9

Other public assistance 60+ 30,319 5.7

Dividends, interest, rents 60+ 48,220 9.1

Source: Demography Section, Colorado Department of Local Affairs, last updated 5/24/02. Adjustment and enhancements provided by DRG staff.

Percentages may not add due to rounding. * Less than 0.1%. 1) Agribusiness includes crops & livestock, farm services, food & kindred products manufacturing, fertilizers, whse trade - ag inputs,

whse trade - ag processing, and portions of railroad transportation, motor freight & warehousing, and finance.

2) For base analysis purposes, manufacturing represents a balance after allocations to agribusiness and second home construction have be

taken out.

3) A limited number of regional center industries were selected from the county base industry tables to represent only those believed to have

potential to draw non-resident, non-tourist clients or customers from outside the region. One example would be the potential of Wal-Mart

other discounters to attract residents of northern New Mexico.

4) Tourism includes portions of transportaion, retail trade, services, real estate, and segments of construction involved in second home

construction. When other sources of income and retirees are excluded, tourism comprises 20.9% of income and 21.3% of the jobs.

5) To approximate base economy functions of government beyond the regional borders, we narrowed down the income and employment to

include only those segments serving students and non-tourists from outside the Valley, or providing services to areas outside the region

from a Valley-based location. Examples include Adams State College and Trinidad State Junior College.

6) The residency adjustment is used to make a closer approximation of income by place of residence. It compensates for potential losses in

counties where income is likely to be under-reported (e.g. Conejos), and applies a negative adjustment when a portion of income is

attributable to residents of other counties (e.g. Alamosa). The regional adjustment total reflects the net balance of all six counties.

Basic

Employment

Table K-1 (Continued)


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All Basi

Income Incom

($ 1,000) ($ 1,00

TOTAL 900,824$ 100.0 24,462 100.0 TOTAL 529,3$

Agriculture 91,277$ 10.1 5,569 22.8 Agribusiness

1)

116,2$

Mining & Extractive 8,716$ 1.0 209 0.9 Mining & Extractive 7,5$

Manufacturing 15,265$ 1.7 599 2.4 Manufacturing2)

11,2$

Construction 42,952$ 4.8 1,331 5.4

Transportation, Comm, 40,580$ 4.5 702 2.9

Utilities

Regional Center3)

6,3$

Wholesale Trade 25,164$ 2.8 947 3.9

Retail Trade 60,674$ 6.7 3,469 14.2

Tourism4)

38,9$

Finance, Insurance, 20,945$ 2.3 1,119 4.6

Real Estate

Services 109,964$ 12.2 5,716 23.4

Government 142,309$ 15.8 4,801 19.6 Government5)

6,1$

Other Sources of 175,398$ 19.5 Other Sources of 175,3$

Income Income

Retirees 167,580$ 18.66)

Retirees 167,5$

Source: Demography Section, Colorado Department of Local Affairs, last updated 5/24/02. Adjustment and e

Percentages may not add due to rounding.

1) 2) 3) 4) 5) See footnotes in Table K-1.

6) Employment on behalf of retirees is included in the above industry groups, particularly retail trade

All

SLVDevelopmentResourcesGroup

K-10

2002CEDS

Table K-2

2000 Economic Base Analysis Comparison to All Income and Employment - Sa

% Employment %


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Basic Inc % Total Basic % Total Basic Inc % Total Basic % Total

($1,000) Basic emp Basic ($1,000) Basic emp Basic

Regional Center Total1)

$53,783 25.9 2,024 38.7 $11,258 14.3 262 12.3

Construction $14,070 6.8 522 10.0 $3,328 4.2 98 4.6

Building construction 1,924 0.9 76 1.5 D DSpecial trade contractors 11,540 5.6 387 7.4 1,483 1.9 44 2.1

Heavy construction 606 0.3 59 1.1 D D

Transportation, Comm & Utilities $6,141 3.0 148 2.8 $4,683 5.9 20 0.9Transportation 5,029 2.4 102 1.9 4,247 5.4 15 0.7

Motor freight & warehousing 4,247 2.0 79 1.5 4,247 5.4 15 0.7

Air transportation 782 0.4 23 0.4

Railroad transportation

Communications 1,112 0.5 46 0.9

Utilities 436 0.6 5 0.2

Electric & gas

Water, sewer & solid waste 436 0.6 5 0.2

Wholesale trade - non-ag $3,187 1.5 104 2.0 $329 0.4 3 0.1

Retail trade $6,764 3.3 342 6.5 $1,098 1.4 39 1.8Building materials & hardware 1,406 0.7 76 1.5 D D

General merchandise, furn & apparel 1,476 0.7 96 1.8Food stores 872 0.4 45 0.9

Gas stations & auto dealers 2,289 1.1 92 1.8 650 0.8 20 0.9

Misc retail goods 721 0.3 33 0.6 D D

Finance, Insurance & Real Estate $2,294 1.1 123 2.4 $444 0.6 20 0.9

Finance 1,174 0.6 46 0.9

Insurance 91 * 4 *

Real Estate 1,029 0.5 73 1.4

Services $21,327 10.3 785 15.0 $1,376 1.7 82 3.8Lodging places 138 * 11 0.2

Personal serv, incl laundry/cleaning 91 * 10 0.2

Business services 2,321 1.1 78 1.5

Computer programming 556 0.3 19 0.4

Auto repair & other auto 563 0.3 34 0.6 95 0.1 5 0.2

Misc repair services 163 * 7 0.1 39 * 1 *

Recreation, cultural & amusement 25 * 6 0.1Health services 9,355 4.5 332 6.3

Legal services 440 0.2 22 0.4

Private education 4 * 12 0.2

Social services, incl day care 1,788 0.9 110 2.1


Other services 2,447 1.2 35 0.7 1,242 1.6 76 3.6

Conejos County

Table K-3SLVDevelopmen

tResourcesGroup

K-11

2002CEDS

2000 Economic Base Analysis - Regional Center Detail

Alamosa County


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Basic Inc % Total Basic % Total Basic Inc % Total Basic % Total Basic

($1,000) Basic emp Basic ($1,000) Basic emp Basic ($1,00

Regional Center1)

$1,836 9.8 46 8.4 $21,923 10.2 611 14.4 $5

Construction $483 2.6 20 3.6 $6,069 2.8 181 4.3 $2

Building construction D 2,439 1.1 67 1.6

Special trade contractors 103 0.6 3 0.5 2,348 1.1 60 1.4

Heavy construction 1,282 0.6 54 1.3

Transportation, Comm & Utilities $850 4.5 - - $8,183 3.8 136 3.2 $1Transportation 2,003 0.9 46 1.1 1

Motor freight & warehousing D - - D D 1

Air transportation

Railroad transportation D D

Communications 438 0.2 21 0.5

Utilities D D 5,742 2.7 69 1.6

Electric & gas 4,633 2.2 56 1.3

Water, sewer & solid waste 1,109 0.5 13 0.3

Wholesale trade - non-ag $984 0.5 36 0.9

Retail trade $271 1.4 14 2.6 $1,707 0.8 74 1.7

Building materials & hardware 740 0.3 34 0.8

General merchandise, furn & apparel

Food stores

Gas stations & auto dealers D D $861 0.4 34 0.8Misc retail goods $202 1.1 14 2.6 $106 * 6 0.1

Finance, Insurance & Real Estate $792 0.4 48 1.1

Finance 376 0.2 13 0.3

Insurance 63 * 3 *

Real Estate 353 0.2 32 0.8

Services $232 1.2 10 1.8 $4,188 1.9 136 3.2

Lodging places

Personal serv, incl laundry/cleaning 64 * 2 *

Business services 889 0.4 35 0.8

Computer programming 143 * 6 0.1

Auto repair & other auto 257 0.1 5 0.1

Misc repair services 335 0.2 6 0.1

Recreation, cultural & amusement D D

Health services

Legal services 308 0.1 17 0.4Private education

Social services, incl day care


Other services 232 1.2 10 1.8

Source: Demography Section, Colorado Department of Local Affairs, last updated 5/24/02. Adjustment and enhancements provided by DRG staff. Percen

add due to rounding.

1) The Regional Center group includes selected portions of industries which perform economic base functions by drawing in sales or providing servi

residents in surrounding counties within the region. D = Data withheld to avoid disclosure. Income and employment included in industry subtotal. * Less than 0.1%.

SLVDevelopmentRes

ourcesGroup

K-12

2002CEDS

Rio Grande County


Mineral County


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Basic Basic Basic Basic Basic Basic

Income % Emp % Income % Emp % Income % Emp %

TOTAL $207,378 100.0 5,232 100.0 $78,983 100.0 2,133 100.0 $40,224 100.0 834 100.0

Agribusiness1)

$21,673 10.5 1,355 25.9 $4,716 6.0 1,193 55.9 $5,863 14.6 469 56.2

Agricultural inputs 4,321 2.1 208 4.0 2,923 3.7 182 8.5 354 0.9 60 7.2

Agricultural production 14,275 6.9 1,034 19.8 1,685 2.1 1,006 47.2 4,761 11.8 366 43.9

Agricultural processing 3,077 1.5 113 2.2 108 0.1 5 0.2 748 1.9 43 5.2

Mining and Extractive Industries $2,978 1.4 89 1.7 $1,212 1.5 36 1.7 $983 2.4 23 2.8

Metals minig 629 1.6 23 2.8

Oil & gas extraction 292 0.1 - - 21 * - - 354 0.9 -

Non-metallic minerals 2,686 1.3 89 1.7 1,191 1.5 36 1.7

Manufacturing2)

$1,775 0.9 78 1.5 $1,997 2.5 81 3.8 $365 0.9 1 0.1

Textile products & apparel D D 6 * 1 *

Lumber & wood prod, incl furniture 65 * 7 0.1 D D D D

Newspapers & printing 736 0.4 31 0.6 D D D D

Cement, clay, conrete, stone D D D D

Industrial, commercial, elec machinery 182 * 10 0.2

Transportation equipment

Misc manufacturing 543 0.7 40 1.9 332 0.8 -

Regional Center3)

$53,783 25.9 2,024 38.7 $11,258 14.3 262 12.3 $2,268 5.6 70 8.4

Construction 14,070 6.8 522 10.0 3,328 4.2 98 4.6 875 2.2 14 1.7

Transportation, comm & utilitie 6,141 3.0 148 2.8 4,683 5.9 20 0.9 384 1.0 4 0.5

Wholesale trade - non-ag 3,187 1.5 104 2.0 329 0.4 3 0.1

Retail trade 6,764 3.3 342 6.5 1,098 1.4 39 1.8 250 0.6 9 1.1

Finance, insurance & real estate 2,294 1.1 123 2.4 444 0.6 20 0.9 442 1.1 30 3.6

Services 21,327 10.3 785 15.0 1,376 1.7 82 3.8 317 0.8 13 1.6

Tourism4)

$12,449 6.0 813 15.5 $5,026 6.4 145 6.8 $1,247 3.1 73 8.8

Second home constr & real estate 1,143 0.6 52 1.0 1,599 2.0 49 2.3 480 1.2 9 1.1

Resorts, restaurants, recreation & lodging 4,822 2.3 445 8.5 2,814 3.6 70 3.3 417 1.0 48 5.8

Tourist-related transportation 2,104 1.0 79 1.5 361 0.5 11 0.5 139 0.3 5 0.6

Tourist goods & services 4,380 2.1 237 4.5 252 0.3 15 0.7 211 0.5 11 1.3

Government5)

$11,576 5.6 310 5.9 $2,349 3.0 78 3.7 $784 1.9 32 3.8

US Post Office 1,415 0.7 25 0.5 304 0.4 9 0.4 128 0.3 4 0.5

Federal government administration 4,946 2.4 95 1.8 1,557 2.0 35 1.6 357 0.9 13 1.6

Military 554 0.3 40 0.8 307 0.4 22 1.0 135 0.3 10 1.2

State health & education serv 4,412 2.1 144 2.8

Local govt authorities 249 0.1 6 0.1 181 0.2 12 0.6 164 0.4 5 0.6Other Sources of Income $60,403 29.1 $21,619 27.4 $11,689 29.1

Transfer payments


14/29


Basic Basic Basic Basic Basic Basic

Income % Emp % Income % Emp % Income % Emp %

TOTAL $18,723 100.0 548 100.0 $215,242 100.0 4,231 100.0 $76,449 100.0 1,737 100.0

Agribusiness 1) -$94 -0.5 24 4.4 $59,762 27.8 2,205 52.1 $24,296 31.8 1,222 70.4

Agricultural inputs 25,627 11.9 958 22.6 7,000 9.2 314 18.1

Agricultural production -94 -0.5 24 4.4 28,576 13.3 975 23.0 15,691 20.5 806 46.4

Agricultural processing 5,559 2.6 272 6.4 1,605 2.1 102 5.9

Mining and Extractive Industries - - - - $2,308 1.1 18 0.4 $27 * 1 *

Metals minig D D

Oil & gas extraction D D

Non-metallic minerals D D

Manufacturing2)

- - - - $6,174 2.9 223 5.3 $961 1.3 25 1.4

Textile products & apparel 34 * 5 0.1

Lumber & wood prod, incl furniture Incl w/Constr - - 4,408 2.0 141 3.3 D D

Newspapers & printing D D 259 0.3 1 *Cement, clay, conrete, stone D D

Industrial, commercial, elec machinery 291 0.1 14 0.3

Transportation equipment 513 0.2 16 0.4

Misc manufacturing D D

Regional Center3)

$1,836 9.8 46 8.4 $21,923 10.2 611 14.4 $5,317 7.0 153 8.8

Construction 483 2.6 20 3.6 6,069 2.8 181 4.3 2,196 2.9 47 2.7

Transportation, comm & utilitie 850 4.5 - - 8,183 3.8 136 3.2 1,534 2.0 21 1.2

Wholesale trade - non-ag 984 0.5 36 0.9 130 0.2 8 0.5

Retail trade 202 1.1 14 2.6 1,707 0.8 74 1.7 583 0.8 30 1.7

Finance, insurance & real estate 792 0.4 48 1.1 405 0.5 38 2.2

Services 301 1.6 12 2.2 4,188 1.9 136 3.2 469 0.6 9 0.5

Tourism4) $6,892 36.8 420 76.6 $9,342 4.3 491 11.6 $3,965 5.2 93 5.4Second home constr & real estate 1,460 7.8 77 14.1 4,437 2.1 139 3.3 2,617 3.4 41 2.4

Resorts, restaurants, recreation & lodging 5,053 27.0 317 57.8 2,050 1.0 218 5.2 768 1.0 29 1.7

Tourist-related transportation 33 0.2 - - 861 0.4 34 0.8 324 0.4 18 1.0

Tourist goods & services 346 1.8 26 4.7 1,994 0.9 100 2.4 256 0.3 5 0.3

Government5)

$309 1.7 11 2.0 $5,396 2.5 108 2.6 $3,305 4.3 86 5.0

US Post Office 44 0.2 2 0.4 445 0.2 9 0.2 268 0.4 7 0.4

Federal government administration 236 1.3 7 1.3 4,807 2.2 94 2.2 2,681 3.5 58 3.3

Military 29 0.2 2 0.4 240 0.3 17 1.0

State health & education serv

Local govt authorities 144 * 5 0.1 116 0.2 4 0.2

Other Sources of Income $4,575 24.4 $56,896 26.4 $20,216 26.4

Transfer payments


15/29


Source: Demography Section, Colorado Department of Local Affairs, last updated 5/24/02. Adjustment and enhancements provided by DRG staff.

Percentages may not add due to rounding. * Less than 0.1%. 1) Agribusiness includes crops & livestock, farm services, food & kindred products manufacturing, fertilizers, whse trade - ag inputs,

whse trade - ag processing, and portions of railroad transportation, motor freight & warehousing, and finance.

2) For base analysis purposes, manufacturing represents a balance after any allocations to agribusiness and second home construction.

3) The Regional Center group includes selected portions of industries which perform economic base functions by drawing in sales or providi

services to businesses and residents of surrounding counties within the region.

4) Tourism includes portions of transportaion, retail trade, services, real estate, and segments of construction involved in second homeconstruction.

5) Federal government administration, military services, portions of state health & education services, local government authorities, and a

portion of US Post Office activities contribute to the base economy by serving residents of surrounding counties in addition to local reside

6) The residency adjustment is used to make a closer approximation of income by place of residence. It compensates for potential losses

counties where income is likely to be under-reported, and applies a negative adjustment when a portion of income is attributable to resid

of other counties.

D = Data withheld to avoid disclosure. Income and employment included in industry subtotal.



16/29


20 -

29

30 -

49

50 -

99

100 -

199

200 -

299300+

Alamosa & surrounding area

Rakhra Mushroom Farm Corp Ag produce & related X

Agro Engineering Ag services X

RMMP Construction Landscaping

Alcon Construction Construction/building trades X

Alpine Electric " " X

Asphalt Constructors " " X

Colorado Construction " "

Greer Roofing " "

Husmann Plumbing " "

Rocky Mountain Septic & Excavating " "

SLV Builders " "

Southway Construction Co " " X

Southwest Ready Mix " " X

Valley Electric " " X

Van Iwaarden Builders " "

Van Gieson & Co " "

Vendola Plumbing & Heating " " X

Colorado Kayak Supply Water sports apparel mfg X

Benjamin Woodcraft Wood cabinets & furniture mfg

The Valley Courier Newspaper X

O & V Printing Commercial printing

Rocky Mountain Soils Fertilizers

Bill Clark Truck Line Trucking X

RAC Transport " "

US Postal Service Postal services X

United Parcel Service Parcel delivery X

Blanca Telephone Company Communication services

AT&T Broadband " "

Xcel Energy Electric & gas utilities X

Stock Building Supply Lumber whse/retail

Primotec Electronic parts X

US Tractor & Harvest Farm machinery & equip

Sorum Tractor Co " "

Wright Valley Oil Gas & oil distributor X

Winco " "

Big R Stores Farm & ranch supplies XAlamosa True Value Hardware Hardware store

Aspen Homes Manufactured homes

K Mart General merchandise X

Wal-Mart Supercenter " " X

JCPenney Company Clothing store X

City Market Supermarket X

Safeway " " X

Town & Country Car & Truck Center Auto dealer X

Texaco Stations Convenience stores X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

Alamosa County

Table K-5

Major Employers, May 2002

Business/Organization IndustryNumber of Employees


17/29


20 -

29

30 -

49

50 -

99

100 -

199

200 -

299

Arby's Restaurant X

Burger King " "

Hunan " "

Kentucky Fried Chicken " " X

May-Wa " "

McDonalds " " XOscar's " "

Trujillo's " " X

Sonic Drive-In " " X

Aramark Group Campus food service X

Alamosa National Bank Financial services X

Community Banks " "

San Luis Valley Federal Bank " " X

Vectra Bank Colorado " " X

Colorado Insurance Associates Insurance agent

Dell's Insurance " "

Landmark Management Group Apartment rentals X

Comfort Inn Hotel/motelBest Western Alamosa Inn " " X

Holiday Inn " " X

Amigo.net Internet service provider

Valley Pride Carwash

Alamosa Bowl Bowling alley X

Valley Athletics Fitness center X

San Luis Valley Medical PC " " X

Valley Wide Health Services " " X

San Luis Care Center Nursing home/assisted living X

Evergreen Nursing Home Nursing home X

San Luis Valley Regional Medical Center Hospital X

At Home Healthcare Home health care services XSLV Comprehensive Mental Health Mental health services X

Alamosa School District Public schools

Adams State College College & graduate studies

Trinidad State Junior College Assoc degrees/certificates X

SLV Nutritional Program for Elderly Food services X

SLV Christian Community Services Social services & programs X

La Puente Home Homeless shelter & related serv X

Blue Peaks Developmental Services Rehabilitation services X

Alamosa Head Start Child daycare X

Youthtrack Inc " " X

Crossroads Managed Care Systems Alcohol detention & treatment X

Wall, Smith, Bateman & Associates Accounting services XCity of Alamosa City government X

Alamosa County County government X

District Courts Court system X

Colorado State Patrol Police protection X

San Luis Valley Board of Cooperative Services Educational services X

Bureau of Land Management Federal government X

US Department of Agriculture " "

US Fish & Wildlife Service " "

Colorado Department of Transportation State government X

X

X

X

X

X

X

X

X

X

X

X



18/29


20 -

29

30 -

49

50 -

99

100 -

199

200 -

299300+

Mosca/Hooper

Farm Fresh Direct -- Alpine Potato Co Ag produce & related X

Mountain Top Farmers " " X

White Mountain Farms/Ranch " " X

Zapata Seed " " X

The Nature Conservancy Land management/ranchingGreat Sand Dunes Lodge and Oasis Motel/lodging

Sangre de Cristo School District Public school X

National Park Service (Great Sand Dunes) Federal government X

La Jara/Sanford

Farm Fresh Direct -- Helms Potato Co Ag produce & related X


La Jara Trading Post Building material, hardware X

Hometown Food Market Grocery store

Jack's Market " " XLa Jara Pharmaceutical Drug store X

Community Banks Financial services X

Conejos County Hospital Hospital X

North Conejos School District Public school X

Sanford School District " " X

Rio Grande National Forest Federal government

Bureau of Land Management " "

Romeo/Manassa

Silver Fox Jewelry Jewelry manufacturing

Bagwells' " "

Antonito/Conejos Canyon

Harborlite, Inc Perlite mining X

Colorado Lava Lava rock/landscape

Torres Plumbing & Heating Construction/building trades

Dicaperl Minerals Corp Perlite mfg X

Hometown Food Market Grocery store

Lee's Texaco Convenience store

Rainbow Trout Ranch Fishing camp

Cumbres & Toltec Scenic Railroad Scenic railway attraction X

South Conejos School District Public schools X

Conejos County County government X

Blanca/Ft. Garland

Farm Fresh Direct -- Blanfort, Inc. Ag produce & related X

Mundorf, LLC " " X

Three S Ranch " " X

Forbes Trinchera Ranch Real estate/ranching X

Mt. Blanca Game Bird & Trout Hunting & fishing camp

Sierra Grande School District Public schools X

X

X

Costilla County

X

X

X

X

X

X

X

X

X

Conejos County

XX

-3-



19/29


20 -

29

30 -

49

50 -

99

100 -

199

200 -

299

San Luis & surrounding area

San Luis Hills Farm Ag produce & related X

Los Perez Contracting Farm labor contracting X

Colorado Aggregate Aquarium gravel

US Postal Service Postal Services

Centennial School District Public school XRed Willow Adult care services

Costilla County County government X

Creede & balance of county

Creede Hotel Hotel & restaurant

4 UR Ranch Guest ranch X

Wolf Creek Ski Corp. Ski area X

Creede Repertory Theatre Live theater X

Creede Consolidated School District Public schools X

Town of Creede Town governmentMineral County County government X

Forest Service - Creede District Federal government X

Monte Vista/Sargent

Bond Farms Ag produce & related

Farm Fresh Direct -- Offices " "

Grower Shipper Potato Co. " " X

The Spud Seller " " X

Worley & McCullough " " X

Harvest Select " " X

Hi-Land Potato Company Ag produce & related X

Monte Vista Potato Growers CO-OP " " X

Sanderson Farms " " X

Segundo Diaz " " X

Smokin Spuds " " X

Wright Brothers " " X

Mathias Concrete Construction/building trades

SLV Earth Movers " " X

Grimmway Enterprises Carrot processing X

AE Staley Manufacturing Company Starch processing

Pleasant's Western Lumber Sawmill & lumber

Schall Chemical Supply Ag chemicals

Brimhall Industrial Machine Service Mfg of heat exchangers & pumps

Valley Publishing Newspapers

Monte Vista Ambulance Service Ambulance service X


San Luis Valley Rural Electric Co-Op Electric services X

Irrigation Engineering & Supply Farm machinery & equipment

Monte Vista Livestock Auction Auction services X

Monte Vista Co-Op Farm supplies whse X

Alco General merchandise X

X

X

X

X

X

X

X

Rio Grande County

X

X

X

X

X

Mineral County

X

X

Table K-5 (Continued)-4-



20/29


20 -

29

30 -

49

50 -

99

100 -

199

200 -

299300+

Jack's Supermarket Grocery store X

Monte Vista Super Foods " " X

Safeway " " X

Eriksen Motors Auto dealer

Dairy Queen Restaurant X

Dos Rios " " XSonic Drive-In " " X

Centennial Merit Drug Drug store X

Bank of Monte Vista Financial services X

Community Banks " "

Rio Grande Savings & Loan " " X

Movie Manor Motel and Restaurant Hotel/motel

Schall Iron Works Farm machinery repair

San Lius Valley HMO Insurance company X

Colorado State Veterans Center Nursing home X

Mountain Meadows " " X

The Legacy Assisted living

Rio Grande Racquet & Fitness Fitness center Monte Vista Public Schools Public schools X

Sargent School District " " X

Monte Vista Community Center Child day care X

Wall, Smith, Bateman & Associates Accounting services

City of Monte Vista City government X

Rio Grande National Forest Federal government X

Del Norte

Farm Fresh Direct -- Del Norte Potato Growers CO-OP Ag produce & related X

Jack's Market Grocery store

Skaffs Super Market " "

Boogie's Restaurant RestaurantStop N' Shop Convenience store

La Garita Ranch Guest ranch

Community Banks Financial services

San Juan Care Center Nursing home X

Rio Grande Hospital Hospital X

Del Norte Consolidated School District Public school X

Head Start Program Child day care

Davis Engineering Engineering services X

Rio Grande County County government X

South Fork

Rue Logging LoggingRainbow Grocery Grocery store/lodging X

Hungry Logger Restaurant X

Comfort Inn Hotel/motel

Spruce Lodge " "

Fun Valley RV park X

Town of South Fork Town government X

X

X

X

X

X

X

X

X

XX

X

X

X

X

X

X

X

Table K-5 (Continued)-5-



21/29


20 -

29

30 -

49

50 -

99

100 -

199

200 -

299

Center & vicinity

Aspen Produce Ag produce & related X

Bassett Farms " "

Bigelow Associated Farms " " XCactus Produce " "

Canon Potato " " X

Center Potato Growers CO-OP " " X

Farm Fresh Direct -- Blue Chip Potato " " X

Pepper Potato Farms " " X

Growers Co " " X

Kehler Ranches " "

Kopfman Farms " "

Mountain Valley Produce " " X

Nature Fresh " " X

Skyline Potato Company " " X

Southern Colorado Farms " " XSummit Farms Management " " X

VW Ellithorpe " "

Armand Reyna Crew Leader Farm labor contractor X

Sunshine Potato Flakes Potato processing X

Kzee Manufacturing Truck beds & trailer mfg

US Postal Service Postal services

Central Pump Company Pump equipment & related

Winco Food Stores Convenience store

Center Consolidated School District Public school X

Center Head Start Project Child day care

Tierra Nueva Housing project X

Town of Center Town government X

Crestone/Baca/Moffat

Baca Grande Water & Sanitation District Water & sewer services

Desert Sage Restaurant & Bakery Restaurant

Baca Grande Property Owners Association Real estate

Moffat Consolidated School District Public school X

Saguache/Villa Grove

Mountain Valley Lumber Sawmills/planing mills X

Mountain Valley School District Public school X

Town of Saguache Town government

Saguache County County government X

Rio Grande National Forest Federal government X

Source: SLV Development Resources Group, May 2002. Unpublished data sources for the year 2000 provided the base source o

information to which any new businesses since 2000 were added, and those recognized as no longer in business excluded.

Establishments with annual average employment of 20 or more were initially selected. Those under 20 also considered as

major employers represent establishments with employment close to 20, or above-average employment relative to others in

the community. Employers with employment of 30 or more are highlighted in bold.

X

X

X

X

X

X

X

X

X

X

X

X

X

X


Saguache County

-6-



22/29

County 1997 1998 1999 2000 1997 1998 1999 2000 1997 1998 1999 2000 1997

Alamosa 88 73 78 54 87 67 78 54 1 6 - - $5,475,851

Conejos 165 175 181 193 164 175 181 193 1 - - - $4,553,940

Costilla

Mineral 12 14 13 14 21 14 13 14 - - - - $130,000

Rio Grande 115 95 93 123 114 93 92 120 1 2 1 $11,966,507

Saguache 136 84 119 134 136 81 119 134 - 3 - $3,655,770

Source: 1997-1999: U.S. Census Bureau, Construction Division, Building Permits Survey report, 1999. Assi

Section in accessing this information.

2000: U.S. Census Bureau New Residential Construction - Building Permits. Reported in U.S. CensCounty and City Data Book: 2000, 13th Edition, Table B-6. Building permits data are based on repor

Units exclude mobile homes (trailers), hotels, motels, and group residential structures. They also ex

existing buildings. Construction cost usually excludes the cost of on-site and off-site developments a

heating, plumbing, electrical, and elevator installations.

No reports.

Table K-6

Building Permits, 1997-2000

SLVDevelopmentResourcesGroup

K-22

2002CED

Total Units One Unit Multi-Unit


23/29


2000

population Amount Per capita

Alamosa 14,996 4,970,000$ 331.42$ 0.886

Conejos 8,400 516,000 61.43 0.164

Costilla 3,663 165,000 45.05 0.120

Mineral 831 329,000 395.91 1.058

Rio Grande 12,413 2,191,000 176.51 0.472

Saguache 5,917 404,000 68.28 0.182

San Luis Valley 46,190 8,575,000$ 185.65$ 0.496

Colorado 4,301,261 1,608,673,000$ 374.00$ 1.000

Source: Population: U.S. Census Bureau, 2000 Decennial Census.

Net Sales Tax Collections: Colorado Department of Revenue, 2001 Annual Report, Reported for fiscal

year ended 6/30/01. Pull Factor: County per capita sales tax/state per capita sales tax. A pull factor which is higher than 1.0

indicates that the county is attracting business; a pull factor which is less than 1.0 indicates the county

is losing business. The Pull Factor concept was used in the Kansas StatisticalAbstract2000,

PRI Policy Research Institute, University of Kansas, September 2001.

County per capita/

state per capita

Net Sales Tax CollectionsFY-2001

Table K-7

County Trade Pull Factors, 2001


24/29


County 1990 1995 1999

1990-

1995

1995-

1999 1990-95 1995-99

Alamosa 405 469 506 64 37 12.8 9.3

Conejos 89 112 117 23 5 4.6 1.3

Costilla 32 40 50 8 10 1.6 2.5

Mineral 34 48 52 14 4 2.8 1.0

Rio Grande 323 348 398 25 50 5.0 12.5

Saguache 88 110 117 22 7 4.4 1.8

San Luis Valley 971 1,127 1,240 156 113 31.2 28.3

Source: U.S. Census Bureau, County Business Patterns, annual reports. Excludes most government employees,

railroad employees, and self-employed persons.

Ave number changeper year

Table K-8

Business Establishments (Excluding self-employed), 1990 - 1999

Changes innumber


25/29


Estab Payroll Estab Payroll Estab Payroll Estab Payroll

Total 506 $97,758 117 $15,430 50 $2,184 52 $2,796

Ag service/forest 3 D 4 D 1 D

Mining 5 3,070 3 D 2 D

Utilities 5 D

Construction 47 10,354 14 638 4 36 10 583

Manufacturing 12 2,016 12 1,223 1 D

SawmillsWholesale trade 30 6,076 5 634

Retail trade 95 19,662 19 2,666 12 D 9 D

Bldg materiels 15 2,503

Food/bev stores 8 4,221

Trans/warehousing 14 1,349 9 515 2 D

Information 11 2,351 2 D 1 D 1 D

Finance/insurance 28 5,699 4 D 2 D 3 D

Real estate/rental 19 1,276 3 62 1 D 4 D

Prof/tech services 43 4,405 4 19 4 D 2 D

Business mgmt 2 D

Other mgmt 13 855 2 D 4 D

Educational serv 6 759 1 D 1 D

Health/social 54 24,671 7 D 3 D 1 D

Arts/recreation 8 483 1 D 4 243

Accomodation 51 7,037 12 D 7 D 13 851

Hotels/motels 8 1,896

Restaurants/bars 40 4,632Other services 51 3,308 12 673 2 D 4 52

Housing admin 1 D

Unclassified 8 116 4 41 3 53

Table K-9

Business Establishments and Payrolls (Excluding self-employed), 1999

(Payroll in Thousand $)

Alamosa County Conejos County Costilla County Mineral County


26/29


Estab Payroll Estab Payroll Estab Payroll

% of

payroll

Total 393 $60,353 117 $11,050 1,235 $189,571 100.0

Ag service/forest 11 3,138 3 1,596 22 4,734 2.5

Mining 1 D 2 D 13 3,070 1.6

Utilities 4 2,758 1 D 10 2,758 1.5

Construction 34 2,725 17 625 126 14,961 7.9

Manufacturing 12 5,947 7 1,527 44 10,713 5.7

Sawmills 3 3,930 3 3,930 2.1

Wholesale trade 30 9,611 8 D 73 16,321 8.6Retail trade 69 10,062 21 2,330 225 34,720 18.3

Bldg materiels 11 3,610 26 6,113 3.2

Food/bev stores 10 2,423 18 6,644 3.5

Trans/warehousing 6 278 7 188 38 2,330 1.2

Information 8 1,000 2 D 25 3,351 1.8

Finance/insurance 23 5,057 5 D 65 10,756 5.7

Real estate/rental 21 951 3 90 51 2,379 1.3

Prof/tech services 22 1,762 5 267 80 6,453 3.4

Business mgmt 2 0 0.0

Other mgmt 12 D 2 D 33 855 0.5

Educational serv 1 D 3 233 12 992 0.5

Health/social 31 5,552 6 D 102 30,223 15.9

Arts/recreation 7 359 20 1,085 0.6

Accommodation 46 3,377 9 D 138 11,265 5.9

Hotels/motels 8 1,896 1.0

Restaurants/bars 15 1,534 55 6,166 3.3

Other services 43 1,364 13 817 125 6,214 3.3Housing admin 1 0 0.0

Unclassified 12 303 3 56 30 569 0.3

Source: U.S. Census Bureau, County Business Patterns, 1999 annual reports. Excludes most government

employees, railroad employees, and self-employed persons.

D = Data whithheld to avoid disclosure of individual companies.


Rio Grande County Saguache County

(Payroll in Thousand $)

San Luis Valley


27/29


Industry Earnings Employment SalesAgriculture and Forestry

Dairy farm products 2.570 2.059 2.333Poultry and eggs 2.264 1.846 1.832Meat animals 2.890 2.567 2.595Misc livestock 2.003 1.654 1.912Food grains 1.899 1.529 1.694Feed grains 2.112 1.679 1.770Grass seeds 1.610 1.324 1.408Vegetables 1.924 1.600 1.794Misc crops 2.692 2.211 2.029Oil bearing crops 1.960 1.664 1.808Greenhouse and nursery products 1.487 1.314 1.524Forestry products 4.593 3.087 2.034Ag services 1.484 1.301 1.982Landscape and horticultural services 1.495 1.400 1.909

MiningNonferrous metal ores 2.240 3.416 1.972Oil and natural gas 1.998 2.647 1.798Crushed and broken stone 1.535 1.668 1.559Sand and gravel 1.487 1.688 1.604

Nonmetallic mineral services 1.552 2.015 1.584Construction 1.674 1.845 1.698Manufacturing

Meat packing plants 5.054 7.316 3.276Canned vegetables 2.291 2.191 1.513Dehydrated vegetables 2.116 2.036 1.553Flour and grain mill 4.882 9.401 2.151Prepared feeds 3.531 4.709 1.718Bread and related products 1.595 1.858 1.629Malt beverages 1.888 3.095 1.250Bottled and canned soft drinks 2.082 2.573 1.399Manufactured ice 1.560 1.612 1.546Textile mill products 1.487 1.449 1.377

Apparel 1.680 1.488 1.527Logging 2.823 3.342 1.979Sawmills and planing mills 2.509 2.730 2.346Special products mills 1.960 2.061 2.105Millwork 1.873 2.051 1.960Structural wood members 1.914 2.070 2.022Wood products, NEC 1.641 1.541 1.779Printing and publishing 1.477 1.657 1.540Industrial chemicals 1.780 3.209 1.538Fertilizers 1.932 1.845 1.568Drugs 1.651 2.384 1.430Pottery products 1.503 1.299 1.690Concrete block and brick 1.732 1.875 1.721

Concrete products 1.589 1.748 1.625Ready-mix concrete 1.952 2.263 1.725Minerals, ground or treated 1.938 2.355 1.674Nonmetallic mineral products 1.579 1.739 1.560Fabricated metals 1.549 1.868 1.405Electric and electronic components 1.487 1.899 1.474Transportation equipment 1.549 2.729 1.425Instruments 2.652 4.455 1.254Jewelry, precious metal 1.690 1.426 1.506

Table K-10

RIMS Multipliers - Southwest Agriculture & Recreation Region, 1997


28/29


Industry Earnings Employment SalesJeweler's materials and lapidary work 1.693 1.291 1.515Silverware and plated ware 1.554 1.316 1.545Costume jewelry 1.583 1.326 1.551Games and toys 1.752 1.710 1.523Sporting and athletic goods 1.775 1.622 1.599Fasteners, buttons, needles, pins 1.494 1.325 1.551

Transportation, Communication, & UtilitiesRailroads and related services 1.515 2.072 1.644

Transit 1.448 1.389 1.601Trucking 1.702 1.894 1.745Warehousing and storage 1.696 1.658 1.725Freight forwarders 1.646 1.615 1.746Communications 1.814 3.927 1.572Electric, gas, and sanitary services 2.462 4.709 1.764

TradeWholesale trade 1.517 1.894 1.576Retail trade 1.500 1.382 1.684

Finance, Insurance, and Real EstateFinance 1.745 1.888 1.595Insurance 1.636 1.918 1.793Real estate 2.784 1.824 1.334

ServicesHotels 1.551 1.416 1.700Other lodging places 1.860 1.555 1.739Personal services 1.566 1.373 1.740Business services 1.485 1.603 1.725Eating and drinking establishments 1.564 1.306 1.668Motion picture production 1.635 1.700 1.797Theatrical producers 1.655 1.645 1.798Bowling centers 1.476 1.197 1.780Racing 2.064 1.873 1.959Other amusement and recreation 1.527 1.370 1.667Doctors and dentists 1.432 1.995 1.895

Hospitals 1.490 1.695 1.719Nursing and personal care facilities 1.409 1.378 1.822Home healthcare services 1.367 1.339 1.752Other medical and health services 1.432 1.589 1.666Elementary and secondary schools 1.586 1.340 2.045Colleges and universities 1.665 1.461 1.930Vocational schools 1.619 1.299 1.596Religious organizations 1.404 1.366 1.919Child day care services 1.498 1.260 1.726Residential care 1.526 1.477 1.882

GovernmentU.S. Postal Service 1.331 1.625 1.754Federal 1.342 1.279 1.347

State and local 2.110 2.736 1.945

Source: Demography Section, Division of Local Government, Colorado Department of Local Affairs, January 1999.Southwest Agricultural and Recreation Region includes the six San Luis Valley counties plus Archuleta,Dolores, Hindsdale, La Plata, Montezuma, Ouray, San Juan, and San Miguel.

These are the RIMS (Regional Input-Output Modeling System) multipliers prepared by the U.S. Bureau ofEconomic Analysis using the interindustry relationships contained in the most recent (1992) input-output study.

The additional inpacts of private sector activities on state and local government revenues and services asestimated by CDLG are included.



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Table K-11

RIMS Multipliers How to Apply

Example Industry: Instruments manufacturing

Base Data (Direct impacts annual) Payroll $312,000

Employment 10

Annual sales $2.0 million

Industry Multipliers Employment 4.455

Earnings 2.652

Sales 1.254

Estimate of Direct & Indirect Impacts (Annual) Estimating the Total Impact (Direct + Indirect)

$312,000 x 2.652 = $827,424

Employee payroll spending will generate an additional $515,424 of earnings in other sectors of thecounty/regional economy.

Employment impact

10 x 4.455 = 44.55

10 jobs at the firm generates an additional 34.55 jobs in the county/region.

Sales impact

$2.0 million x 1.254 = $2.508 million

Sales produced by the firm generate an additional $508,000 in sales in other sectors of thecounty/regional economy.

Source: Procedure advised by Demography Section, March 2002. This method produces a very roughapproximation of the impacts, subject to further data inputs, adjustments, and refinements.

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